2 Three Gables Rd Morristown, NJ 07960
Estimated Value: $1,162,000 - $1,383,000
4
Beds
3
Baths
2,834
Sq Ft
$432/Sq Ft
Est. Value
About This Home
This home is located at 2 Three Gables Rd, Morristown, NJ 07960 and is currently estimated at $1,223,967, approximately $431 per square foot. 2 Three Gables Rd is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2025
Sold by
Lsf8 Master Participation Trust and Us Bank Trust Na
Bought by
Elassir Mahmoud
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,092,500
Outstanding Balance
$1,091,451
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$132,516
Purchase Details
Closed on
Dec 12, 1993
Sold by
Shapiro Frederick A and Shapiro Marilyn E
Bought by
Frederick & Marilyn Shapiro Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frederick & Marilyn Shapiro Family Trust | -- | -- |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,756 | $815,800 | $364,000 | $451,800 |
| 2024 | $15,779 | $787,000 | $364,000 | $423,000 |
| 2023 | $15,779 | $787,000 | $364,000 | $423,000 |
| 2022 | $15,047 | $787,000 | $364,000 | $423,000 |
| 2021 | $15,047 | $787,000 | $364,000 | $423,000 |
| 2020 | $14,654 | $787,000 | $364,000 | $423,000 |
| 2019 | $14,426 | $787,000 | $364,000 | $423,000 |
| 2018 | $14,268 | $787,000 | $364,000 | $423,000 |
| 2017 | $14,174 | $787,000 | $364,000 | $423,000 |
| 2016 | $13,954 | $787,000 | $364,000 | $423,000 |
| 2015 | $17,945 | $707,600 | $359,000 | $348,600 |
| 2014 | $17,711 | $707,600 | $359,000 | $348,600 |
Source: Public Records
Map
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